Nuclear Neverland: The Lost Boys of Costings | The West Report
It’s hard to take the Coalition’s nuclear energy policy seriously, so we didn’t. And frankly, why would they put taxpayers on the hook for the biggest public funded project in history when renewables are crowding private investment en masse? https://www.youtube.com/watch?v=fSeaybp9oAA
Peter Dutton’s nuclear plan: Mad, bad, and extremely dangerous
Giles Parkinson, Renew Economy 13th Dec 2024, https://reneweconomy.com.au/peter-duttons-nuclear-plan-mad-bad-and-extremely-dangerous/ [excellent graphs on original]
It might seem weirdly appropriate that the federal Coalition should release its nuclear power policy costings on Friday the 13th, considered an unlucky day in western superstition. But that would be to downplay the sheer lunacy, rank dishonesty, and clear danger in Peter Dutton’s energy plans.
Shows like Edward Scissorhands are horror fantasies played out on a screen. But the Peter Dutton and Ted O’Brien nuclear plan is a horror show we may have to live and breathe. After so many years, the Coalition is still playing culture wars on the most fundamental issues of our time – and all at the behest of the fossil fuel industry.
It doesn’t matter at which level you look at it, this energy policy makes no sense at all. You could look at it backwards, from behind, sideways, leave it out in the sun for a few days, or even bury it in the garden (please do), the only thing that would change is that it might smell more than it does now.
It would likely take until Christmas to go through all the lies, deceptions and misunderstandings that comprise this policy and these costings, but let’s just focus on a couple of the important ones for now.
The reference to the sheer lunacy and the danger of the Coalition policy comes in Dutton’s desire to simply ignore climate science, along with basic engineering and economics.
Emissions reductions are put off to the never never. And, as Dutton revealed in his press conference through his comments on rooftop solar, he simply does not have a clue about the basic concepts of the energy system.
See: “You can’t charge your battery and your car at same time:” Dutton does not have a clue about energy
Dutton and Co simply want to bring a crashing halt to Australia’s only successful emission reductions efforts – the transition to green energy – and walk away from the country’s natural advantages in wind, solar and storage and the industries that are emerging from that.
They even have the chutzpah to claim that it will result in lower emissions. Which, inevitably, is pure bunkum. But, as Donald Trump has demonstrated, if you “flood the zone with shit”, something will stick – mostly to the front pages of mainstream media.
And that’s what we saw on Friday. A planned leak of the findings resulted in claimed headline “savings” – emblazoned across the front pages of the cheer-leading Murdoch media and the AFR this morning – that the nuclear power plan will save $264 billion.
It is of course, a complete nonsense, and obviously so to anyone who is paying attention, or even bothered to read the Coalition document. We are talking about completely different scenarios, and taking traditional accounting methods away from the international norm.
Dutton and his media followers have made a big deal of Frontier Economics costings of the Australian Energy Market Operator’s Integrated System which is the basis of Labor policy.
Frontier concedes, however, that the cost of AEMO’s “step change” plan is about what it says it is – $122 billion, based on the standard accounting practice of “net present value.”
But, at the urging of the Coalition, Frontier has published an additional number, around $600 billion, based on the “real cost” and throwing in some more transmission spending.
Dutton has used that number to insist that AEMO and Labor had lied to the Australian people. But it was the former Coalition government who instructed AEMO to cost it this way. And for good reason – it is standard international accounting practice. It is Dutton and O’Brien who are now spreading the lies.
Indeed, the Frontier Economics report actually reveals that the claimed $264 billion in savings parroted by the mainstream media are from two entirely different scenarios. One is from AEMO’s “Step Change”, the other from the Coalition’s version of “progressive change.”
The actual savings on a like for like basis are much smaller, if you can believe Frontier’s costings of nuclear.
Progressive change assumes that demand will not be as great as forecast by AEMO. It assumes much smaller electrification (thanks to the gas industry) and slower uptake of EVs (thanks to the oil industry). It then ignores the $75 billion a year of extra fuel costs that would result from that.
Now let’s go to the Coalition’s plan to shut down just one third of the main grid’s ageing coal fired generators by 2034 – with the rest trying to stay on line until nuclear power plants can be built.
The Coalition says it still thinks the first nuclear power plant can be built by the mid-2030s. The rest of the industry says this will be pretty much impossible until the mid 2040s.
Keeping the coal fired power stations open will not just increase pollution – both within the grid and the industries that depend on it – it will also puts grid reliability at risk.
This week, AEMO had to issue several lack of reserve alerts as another heatwave approached the eastern states. The main reason was that Origin, despite being promised up to $450 million to keep Australia’s biggest coal generator on line for another two years, reported another breakdown at Eraring.
At Bayswater, a unit is offline because of a tube leak. One third of the coal units in Victoria are also offline due to unplanned outages, and so is the country’s newest and “most efficient” coal generator at Kogan Creek, which is also the country’s largest single generation unit.
Dutton and O’Brien insist that these ageing and increasingly decrepit coal fired power plants will only have to operate “a few years longer”. But they are kidding themselves. Their own modelling confirms that.
They are still setting a timeline of 2035 for the first reactors. Will these be large scale of small commercial small modular reactor. No one has built one, or even got a licence to build one.
The Coalition insists that new nuclear can be built, from scratch, in a country with no nuclear infrastructure or know-how to speak of, no work force and no regulatory base ,in about a dozen years. There’s also a golden replica of the Sydney Harbour Bridge at the bottom of your packet of Cornflakes.
A dozen years is the average “delay” in the big nuclear power plants being built in western democracies – the UK, France, and Finland – all of whom have been operating nuclear power plants for decades.
Dutton and O’Brien are now telling us their nuclear plan will result in 14 gigawatt of nuclear capacity – double what they previously said. And Frontier’s modelling shows that coal is going to have to last a lot longer, beyond the official lifetime limits of the coal generators.
Even the Australian Energy Council, one of the most conservative of lobby groups that represents the coal generator owners, believes this is a bad idea and “could result in reliability issues.”
But let’s go back to the conventional way of measuring costs – net present value. The Frontier report includes it, at the very last page of its report. It shows that the difference in costs, on their calculations, is actually $62 billion over 25 years for the step change scenario.
But even that is on the basis of some heroic assumptions on the costs of nuclear. Frontier puts the total cost, including 14 GW of new nuclear power plants, at $142 billion (see table above).
Let’s look at the cost of Hinkley C, the first nuclear power station to be built in the UK for decades. At just 3.2 GW, its cost has already blown out to $A92 billion and is running at least 14 years late from its promised timeline. What does the Coalition know that the rest of the nuclear world does not know?
The Coalition’s vision for renewables also beggars belief. Under its modelling, it estimates the share of wind, solar and hydro will be less than 50 per cent in 2050. That’s in the “progressive” plan that appears to be their chosen one.
If you take the current level of renewables, the already committed large scale projects, and the continued roll out of rooftop and behind the metre solar, the Coalition is essentially telling everyone that the construction of new large scale wind and solar more or less comes to an end with their election next year.
The stupidity of the idea is frightening. Quite how the Coalition figures it could keep the lights on in the 2030s and 2040s is beyond belief.
The Coalition are also trying to convince people that somehow their plan does not need new transmission, or much back-up.
All generation needs back-up, and all generation needs transmission. A 1.4 GW nuclear power plant will be nearly twice the size of the current biggest unit in Australia’s main grid, the currently broken Kogan Creek coal fired generator.
That means it needs twice as much back-up, because if it trips suddenly – which it inevitably will, just look at the patchy performance of the new nuclear power plant in Finland – then the market operator needs to be able to fill in the gaps at a moment’s notice. That’s expensive.
And then, of course, is what to do with your rooftop solar. If the Coalition wants its fleet of nuclear power plants to run “always on” then there may be no room on the grid for your rooftop solar.
Your best bet might be to buy a battery, or better still an electric vehicle. You don’t have to leave the grid, but you will want to make sure that you can have power without it. And you sure don’t have to believe Dutton’s nonsense about solar not being able to charge EVs and batteries at the same time.
But the safest and cheaper option might be to ensure these idiots don’t get elected.
Peter Dutton’s nuclear fantasy equals soaring power bills
December 13, 2024, Solutions for Climate Australia, by: The AIM Network, https://www.thesaturdaypaper.com.au/news/politics/2024/08/17/advances-plan-destroy-the-greens
Solutions for Climate Australia today called out figures provided by Peter Dutton on the future cost of power from nuclear reactors as expensive and a failure to tackle climate pollution.
“While we are waiting decades for Mr Dutton’s nuclear reactors, the Coalition proposes to pour money into propping up expensive, ageing coal power stations that are already failing, and massively increasing climate pollution.
“CSIRO’s optimistic estimates of the costs of nuclear reactors last week show them as twice as expensive as the renewable energy pathway. Somehow Mr Dutton claims using the most expensive source of electricity will bring down consumer costs.
“Even more bizarrely, the federal Coalition’s plan relies on Australians using 45% less electricity than the independent electricity operator forecasts.
“What matters to consumers in the cost of living crisis we have here and now is the cost of electricity, and yet Mr Dutton is proposing a fantasy to build hugely expensive nuclear reactors on the taxpayer’s dime, decades from now.”
“Yesterday the Liberal Tasmanian Government made a joint announcement with the Labor Federal Government for an offshore wind zone that will produce 20 GW of electricity.”
“It’s time the federal Coalition gets serious about deploying the sun and wind power we have right here and now to bring down power prices and keep the lights on.”
The Coalition’s master plan: Bring large scale wind, solar and battery storage installations to a halt
Giles Parkinson, Renew Economy 13th Dec 2024,
If you really want to understand where the federal Coalition’s nuclear energy policy is taking us, and it’s real purpose, you need to turn to Figure 6 on the costings analysis provided by its consultant Frontier Economics.
This is the estimation of capacity installed on Australia’s main grid over the next 25 years. It is based on Coalition leader Peter Dutton’s preferred scenario – the one he used to emblazon the claims of $260 billion in savings across the front pages of the mainstream media on Friday.
Since this is the comparison that Dutton is seeking to sell to the Australian public, let’s look at in detail.
In contrast to the Australian Energy Market Operator’s Step Change scenario, the one that the federal Labor government has used for its policy and planning blueprint, the Coalition’s Progressive Scenario imagines a world still revolving around the concept of baseload power, of petrol and diesel powered cars, of gas-powered homes and a lot less renewables.
The scenario also assumes a lot less rooftop solar, which means that the Coalition is banking on consumers buying more from the grid, and paying money to big utilities such as the Hong Kong owned ElectricityAustralia.
But the Frontier model focuses only on large scale capacity and generation. For large scale solar it is a bad look: Just a doubling of capacity from 2025 to 2050. Given that 5 GW of capacity is likely already locked in, that reduces the rollout of large scale solar to a trickle over the next two decades.
For wind, the story is actually worse. The modelling assume no offshore wind at all, given the Coalition’s promise to scrap the newly declared offshore wind zones, and despite the legislated target in Victoria of 9 GW by 2040.
For onshore wind, Frontier puts the installed capacity in 2025 at 12.8 GW (according to OpenNEM it would be closer to 14 GW by the end of that year, and predicts the total rising to 28 GW by 2050.
Given that more than 5 GW of wind power is already locked in and under construction or contract, then that is a painfully slow build rate over the coming two decades.
It’s the Coalition telling local and international investors: “F*** off we don’t want you here:” And forcing consumers to buy more power from the big utilities at the same time.
Apart from scrapping the offshore wind zones, the federal Coalition has also promised to “rip up contracts” for large scale underwriting agreements written with the federal government.
According to the Frontier report , Large scale renewables total 49 per cent (wind 32 per cent and solar 17 per cent) by 2050, with nuclear likely to be 38 per cent, assuming that everything gets built in time. The graph above shows limited growth in each of wind, solar and utility storage after 2030.
“This … would represent a dramatic slowdown in the installation and investment of renewable energy across Australia and will be a massive shock and concern to investors who have invested $40 billion into large-sale renewable energy in Australia since 2020,” Clean Energy Council CEO Kane Thornton said.
“Australia has been a world leader in rooftop solar with over four million systems installed on homes and small businesses and an additional 300,000 plus systems being installed every year. The Coalition’s plan means millions of Australians would miss out on the chance to install solar.”
And Thornton also pointed out that it would not be good for the owners of rooftop solar. Currently, households are up in arms at the prospect of having their panels switched off – in an emergency – once or twice a summer.
In the Coalition’s nuclear plan, it would likely be a daily occurrence to ensure that the nuclear generators are “always on.”
“A nuclear-powered energy grid would also be a disaster for the four million Australian homes that have already installed a rooftop solar system as a way to lower their power bills,” Thornton said. “These systems would have to be switched off regularly if Australia was to move to inflexible nuclear power.”
Is big tech going all in on nuclear? Google and Microsoft have just pledged $45 billion on renewables
Sophie Vorrath, Dec 13, 2024, Renew Economy
https://reneweconomy.com.au/is-big-tech-going-all-in-on-nuclear-google-and-microsoft-have-pledged-45-billion-spend-on-renewables/
Did you hear the one about big tech going nuclear? One of the lines being trotted out in support of nuclear power by shadow energy minister Ted O’Brien – and faithfully reproduced by the Murdoch press – is that everyone’s doing it, including global tech giants Google and Microsoft.
“Not only does Labor claim to know the economics of nuclear better than companies like Microsoft who signed a massive nuclear deal, but they also think they can run the numbers better than (US banks and financiers) who have come out in favour of nuclear energy,” O’Brien said in September.
Microsoft did announce, in September, a 20 year power purchase agreement with Constellation Energy to reboot one unit at the mothballed Three Mile Island nuclear power plant in Pennsylvania and rebadge it as the Crane Clean Energy Centre.
Three Mile Island was, in 1979, the site of the worst commercial nuclear power accident in US history. It was shuttered in 2019 for economic reasons, with Constellation’s then parent company Exelon Corp, saying in 2017 that its closure was due to lack of financial rescue from the state.
This is not unusual. According to TechCrunch, in the last decade, seven nuclear reactors have been decommissioned in the US, while only two new ones have been switched on.
Notwithstanding the fact that restarting a nuclear plant that has been shut down for five years has never been done before (according to reports, Constellation Energy is reportedly seeking a taxpayer-subsidised loan it hopes will save it $122 million in borrowing costs) this somewhat baffling deal is expected to supply around 850 MW.
Google, meanwhile, in October announced plans to invest in small modular reactors to meet its own growing data centre needs and Amazon followed suit, with news of “three new agreements to support the development of nuclear energy projects,” again with a focus on the the as-yet commercially unproven SMR technology.
So, yes – all three of these companies have recently announced plans to invest in nuclear power – albeit in markets where it already exists (although not in the case of SMRs) and in technology and applications that are highly speculative.
Does this mean they have come over all Team Nuclear? Hardly.
Amazon, as it bragged in October, has been the largest corporate purchaser of renewable energy in the world for four years running, according to Bloomberg NEF, having invested billions of dollars in more than 500 solar and wind projects globally, which together are capable of generating enough energy to power the equivalent of 7.6 million US homes.
Amazon met its goal of sourcing 100% of the electricity its uses with renewable energy in 2023 – seven years ahead of the 2030 target.
Google announced just this week that it was funding $US20 billion ($A31 billion) worth of renewable power projects across the US, in a deal with Intersect Power and investment fund TPG Rise Climate to develop power to drive several gigawatt-scale data centers.
Microsoft, last week, joined a US investor Acadia Infrastructure Capital and other companies to launch the Climate and Communities Investment Coalition (CCIC) to develop a $US9 billion ($A14 billion) pipeline of renewable energy projects across the country, as reported in Reuters.
On its website, Microsoft says it invested in over 23.6 million megawatt-hours of renewable energy in 2023 financial year – “enough to power Paris with renewable electricity for about two years.”
Earlier this year, the company announced plans to procure some 9.5GW of solar panels from Qcells for PPAs through 2032 – adding about 1.5GW every year. In April Microsoft revealed in a job listing that it had more than 20GW of renewable energy under contract.
CSIRO’s nuclear costings have recklessly ignored construction risk, and the taxpayer will pay
On Monday, the CSIRO released updated estimates for the cost of nuclear as
well as a range of other power generation technologies. According to the
CSIRO’s analysis, producing power from a conventional, large-scale
reactors would cost between one and half and two and half times more than
from a 90% renewables system backed up by batteries and gas.
Unfortunately, the CSIRO’s costing for nuclear power was not a particularly
comprehensive one. It doesn’t adequately take account of the complexity
involved in nuclear power plant construction and high risk of budget cost
blow-outs with this technology.
The CSIRO’s Gencost publication assumes
the cost of building a nuclear reactor in 2030 will be around $8.5 billion
for a one gigawatt unit. Yet the experience from real world projects across
Europe and the United States indicates the lower bound cost is $14.9
billion and the upper end is $27.5 billion.
Renew Economy 11th Dec 2024 https://reneweconomy.com.au/csiros-nuclear-costings-have-recklessly-ignored-construction-risk-and-the-taxpayer-will-pay/
The legal decision on the Murdoch media – what does it mean for us?
NOEL WAUCHOPE, DEC 13, 2024, https://theaimn.com/the-legal-decision-on-the-murdoch-media-what-does-it-mean-for-us/
There is nothing either good or bad, but only thinking makes it so.
Shakespeare’s profound idea applies to that recent legal case, about the Murdoch Family Trust, in the Probate Court in Nevada.
The 93 year-old Rupert Murdoch sought to change the existing “irrevocable trust” which is to govern the arrangements of his media empire, after his death. The issue was that the trust should be in “the best interests” of the Murdoch children.
Rupert Murdoch argued that after his death, his children would benefit best if control of his media empire were to be changed from the existing trust arrangement which gives control to four of his children – Lachlan, Elizabeth, James and Prudence. Murdoch wanted that changed to control by only eldest son Lachlan. The other three disagreed, and took the case to court.
Rupert Murdoch’s given reason was that the whole media enterprise would thus be more profitable, – so all four children would get more money. That way, Elizabeth, James, and Prudence would not have control, but would be richer, and this would be “in their best interest”. Under the present unchanged “irrevocable” trust arrangement, they would share the control with Lachlan, but they would be less rich.
Many commentators are arguing that Rupert Murdoch’s real goal is power and influence – so that is why he wanted the very right-wing Lachlan to be in charge of the media show. Perhaps this is true.
The case was heard in a secret court, but the core of Rupert Murdoch’s argument was that the children’s monetary gain was in their best interest, rather than them having any control of the media and its content.
Apparently the three did not think so, and neither did Commissioner Edmund J Gorman, who ruled in the children’s favour, concluding that Murdoch and his son Lachlan, had acted in “bad faith”, in a “carefully crafted charade”.
Lachlan shares the same right-wing views as his father does, even more so,- while Elizabeth, James and Prudence are reported as having more moderate views. Murdoch has controlling interests in Fox News and News Corp , the Wall Street Journal, in the UK the Times and the Sun, the Australian and others. Apparently it is assumed by all, that the media empire will continue its current record profits only under Lachlan’s leadership. In 2023–24 the Fox Corporation’s net income was US$1.5 billion (A$2.35 billion).
This case raises the question – what is the purpose of the news media ?
According to the Murdoch argument, the purpose is to enrich the owners of the media. That would include all the shareholders, too, I guess. The means by which this is done is to provide entertainment and information to the public. And this is central to Rupert Murdoch’s stated argument.
Some people, including many journalists, and perhaps the Murdoch children, might see the informational role of the news media as its main purpose, with excessive profitability as a secondary concern.
Apparently Elizabeth, James and Prudence preferred to have some control in the media empire, even if that meant less money for them. They thought that “having a say” in the business was in their best interest. It is possible that they might take some pride in news journalism that would be more accurate and balanced than the Murdoch media is now.
Only thinking makes it so
The best example of “Murdoch media thinking” -is in its coverage of climate change. For decades, the Murdoch view was pretty much climate denialism – climate concern seen as a “cult of the elite” and the “effects of global warming have so far proved largely benign”. But more recently, this view was moderated, towards concern that some action should be taken to limit global warming – coinciding with the new right-wing push for nuclear power as the solution to climate change.
In the USA, Murdoch media has a powerful influence, supported by the big corporations, and the right wing in general, and by the Trump publicity machine, but it does have some competition from other right wing outlets like Breitbart and the Daily Wire, and in talk radio, and blogs. It has lost some influence in the UK, following its phone hacking scandal in 2011.
That Murdoch interpretation contradicts the view of thousands of scientists, yet is welcomed by the fossil fuel industries, the nuclear industry, and the right-wing governments that they support. Similarly, the Murdoch media’s view on international politics generally favours military action that the USA supports – on Ukraine’s side, by Israel, and now in Syria. All this is seen to be good – by the USA weapons manufacturers and salesmen, US and UK politicians, and presumably by the public.
In the USA, Murdoch media has a powerful influence, supported by the big corporations, and the right wing in general, and by the Trump publicity machine, but it does have some competition from other right wing outlets like Breitbart and the Daily Wire, and in talk radio, and blogs. It has lost some influence in the UK, following its phone hacking scandal in 2011.
In Australia, Murdoch media is far more pervasive, and has been described as a virtual monopoly – with the only national newspaper, newspapers in each state, (often the only newspaper), and News Corp controls radio and television in Australia through a number of assets.
So – what now, after this remarkable probate court decision?
Commissioner Gorman’s recommendation could still be rejected by a district judge. Murdoch’s lawyers can appeal the decision. Even if the decision is finally upheld, it will be a complicated process to rearrange the control of the media in the event of Rupert Murdoch’s death – and that might not happen for a decade or more. News Corp has a dual-class share structure which gives the family 41% of company votes, despite having just 14% of an overall stake in the company. Shareholders might change this arrangement.
In the meantime – fertile ground for endless speculation on what it all might mean – for the share price, for the future direction of the media, for the Murdoch family relationships.
Only thinking makes it so
Some see this legal decision as such a blow to the Murdoch empire – leading to its fatal collapse. And that thought can be viewed as a bad outcome. Even if Rupert Murdoch overturns the decision on appeal, it might have dealt a big blow to the empire.
Some welcome it, visualising a change in direction, with a more progressive media, directed by the three siblings with their more moderate opinions. For Australians who don’t like Donald Trump, and fear a Peter Dutton election win in 2025, well, it really doesn’t matter much. For the foreseeable future, the political right wing is still hanging on to its grip on news and information across this continent, thanks to the Murdoch empire.
Fears nuclear power ‘may stop people moving to the bush’
Stephanie Gardiner, 12 Dec 24, https://www.afr.com/policy/energy-and-climate/fears-nuclear-power-may-stop-people-moving-to-the-bush-20241211-p5kxn2
Regional Australia is having its “phoenix moment” as more people move to the bush, according to a local councillor, but some residents fear the Coalition’s nuclear plan could hinder growth and prosperity.
The Coalition has earmarked seven sites for nuclear reactors at former and closing coal power plants across Australia, including at Lithgow’s Mount Piper power station in central west NSW.
Tom Evangelidis, who sits on Lithgow City Council, told a parliamentary inquiry his family moved to the town at the foot of the NSW Blue Mountains four years ago for its affordability and proximity to Sydney.
The presence of a nuclear reactor could dissuade others from settling in the region at a time when it is planning a bright future, Mr Evangelidis told the parliamentary committee sitting in Lithgow on Wednesday.
“This is our phoenix moment,” he said, referring to the mythical creature that rises from the ashes as a symbol of renewal and progress. “Nuclear in our region will stop that.”
Opposition Leader Peter Dutton has pledged to release the costings of his nuclear plan soon, having slammed an experts’ report that showed solar and wind remained the cheapest forms of energy.
Mount Piper operator EnergyAustralia has plans for a 500-megawatt battery energy storage system adjacent to the site, while also looking into pumped hydro at nearby Lake Lyell.
Further west near Dubbo, there is a proposed Renewable Energy Zone, with 4.5 gigawatts of potential capacity through solar, wind and new transmission infrastructure.
Peter Hennessy, who lives on a property at Bathurst, said communities have been left “high and dry” by planning laws and consultation on renewable projects.
“[Energy Minister Chris Bowen] would have solar everywhere, couldn’t care less about the countryside at all,” Mr Hennessy said.
“[It’s] just an absolute disgrace and total disregard to the welfare of the land or the people surrounding or indeed anywhere else.”
Jim Blackwood, a retired GP and vice president of the Bathurst Community Climate Action Network, said it was redundant to debate the pros and cons of nuclear because it would take too long to establish.
“The issue is we need to do something now, and we need to do it in a time frame that is going to make a difference,” Dr Blackwood told the hearing.
Lithgow is at the front line of climate change tensions, facing the end of its economic base in the fossil fuel industry while also recovering from the Black Summer bushfires.
“Four years ago, this whole town was surrounded by an inferno, a raging inferno,” Dr Blackwood said.
“All the hills were a fire, and so those two things are basically what’s confronting all of us.”
The inquiry is due to sit in Sydney on Thursday.
Dutton to reveal just how much he’s gambling on nuclear power
By James Massola, Paul Sakkal, Mike Foley and David Crowe, December 12, 2024 , https://www.theage.com.au/politics/federal/dutton-to-reveal-just-how-much-he-s-gambling-on-nuclear-power-20241210-p5kxai.html
Opposition Leader Peter Dutton will ask Australians to support hundreds of billions of dollars in new spending on nuclear energy, including a controversial move to use taxpayer subsidies to build the industry while promising to bring down household electricity bills.
The Coalition pledge comes as an exclusive survey reveals deep concerns about use of taxpayer funds to start the sector, with only 21 per cent of voters in favour of taxpayer investments or subsidies for nuclear power.
The Resolve Political Monitor, conducted for this masthead, showed renewable energy was more popular, with 45 per cent of voters backing subsidies for rooftop solar and 34 per cent supporting subsidies for home batteries – an option Labor is exploring as an election policy next year.
Dutton is expected to reveal more details of his plan on Friday with a pledge to build seven full-scale nuclear power stations, rather than smaller “modular” reactors, to deliver baseload electricity and lower the nation’s greenhouse gas emissions.
Coalition MPs will be briefed on the plan in a party room meeting on Friday morning at 10am.
A key part of the plan will be an assumption that coal-fired power stations will continue to operate while a Coalition government awards contracts to build the nuclear plants, even though energy companies are planning to stop using coal over the next two decades.
Recent modelling by consultancy Frontier Economics for the Coalition put a cost of $642 billion on Labor’s renewables rollout to 2050. As first reported by this masthead last week, the opposition will claim its nuclear plan will cost about $400 billion over the same period.
Subsidising power sources
Q: Which, if any, of the following do you think deserve subsidy or investment by taxpayers?
Rooftop solar
45%
Home batteries
34%
Renewables in general, such as wind and solar
33%
Large-scale batteries
28%
Large-scale solar farms
26%
Nuclear-powered electricity
21%
Hydro-electric energy from dams
21%
Natural gas-powered electricity
20%
Large-scale wind turbines on land
19%
Large-scale wind turbines off the coast
19%
Undecided
15%
Coal-fired electricity
13%
None of these
9%
n=1604
Source: Resolve Political Monitor
Energy Minister Chris Bowen rejects the $642 billion figure and stands by the energy grid operator’s forecast of $122 billion. The dispute is based on different ways of accounting for costs in the future.
Opposition veterans affairs spokesman Barnaby Joyce, one of the most outspoken proponents of nuclear power within the Coalition, said Australians had to decide whether “you want a grid that works or you don’t”.
Asked about earlier reports of a $500 billion projected cost, Joyce told this masthead: “It always was going to be this much. But we are spending $24 billion for pumped hydro, which gives maybe a day of power, and then you have to pay for transmission lines. The per-reactor price is lower.”
A key part of the Coalition argument is the cost blowout in the Snowy 2.0 project to generate more hydropower in the Snowy Mountains, while a nuclear project in the United Arab Emirates, backed by South Korean company KEPCO, has delivered results on time.
Joyce contrasted the Coalition plan with the controversial plan for the Hinkley Point C reactor in the United Kingdom, which is behind schedule, or the use of small modular reactors (SMR) in other countries.
“We are not devising a new reactor like in England, and we aren’t using an SMR,” he said.
“We are doing this with proven technology like in the UAE, it’s more economical that way. And that means the time frame can be realistic.”
Another member of the shadow cabinet, who asked not to be named, said most Australians were not concerned about nuclear power being rolled out as it would not be built anywhere near their homes.
“The biggest positive is that Peter has floated a big idea, a difficult idea, and he’s had the courage to do it. The debate over this will end up being modelling at 50 paces,” they said.
The Resolve Political Monitor found 34 per cent of voters supported the use of nuclear power, while 28 per cent were against it. Another 24 per cent said they did not have a strong view but were open to the government investigating its use.
The survey, conducted by research company Resolve Strategic, found 54 per cent of Coalition voters supported nuclear power while only 21 per cent of Labor voters and 15 per cent of Greens supporters said the same.
The question was: “There has been some debate about the use of nuclear power in Australia recently. What is your own view on the use of nuclear power in Australia?” The question did not outline the Coalition policy, given it had not been released.
The Resolve Political Monitor surveyed 1604 eligible voters from Wednesday to Sunday, generating results with a margin of error of 2.4 per cent.
While many Australians remain open to nuclear energy, views have tended to shift against the energy source since the survey asked about the issue more than one year ago.
The survey in October last year found that 33 per cent supported nuclear power and 29 per cent were open to the government investigating its use, leading to a total of 62 per cent who were prepared to back or consider it. This total slipped to 58 per cent in the latest survey.
The number of voters against nuclear increased from 24 per cent in October last year to 28 per cent in the latest survey.
In a separate question about taxpayer subsidies, the Resolve Political Monitor found 45 per cent of voters supported federal investments or subsidies for rooftop solar – the most favoured option. In contrast, only 13 per cent supported taxpayer subsidies for coal-fired electricity.
Power bills would rise by about $665 a year to repay the cost of building seven nuclear plants, according to analysis by the Institute for Energy Economics and Financial Analysis, based on the repayments needed to fund the average of construction costs from reactors recently built around the world.
The Coalition policy assumes a smaller addition of renewable energy to the electricity grid compared to government policy, which forecasts an increase in the share of renewable energy to 82 per cent of the grid by 2030.
The opposition has claimed the influx of renewables, which currently supply 40 per cent of electricity, will increase power bills and the risk of blackouts and disrupt regional communities where wind and solar farms are built.
Another key point of difference is the opposition’s assumption that the nation’s coal plants will run for decades longer than the Australian Energy Market Operator (AEMO) has forecast.
AEMO predicts that 90 per cent of coal-fired generation will be shut down before 2035, with closures complete by 2040.
The opposition has said its first nuclear reactor will be completed by 2035, while experts including the CSIRO say 2040 is the earliest possible date. A fully operational fleet of nuclear reactors cannot be expected before 2050.
Antarctica is in crisis and we are scrambling to understand its future
The last two years have seen unprecedented falls in the levels of sea ice around Antarctica, which serves as a protective wall for the continent’s huge ice sheets. Researchers are now racing to understand the global impact of what could happen next
By James Woodford, 2 December 2024
If all our fear and uncertainty over climate change could be distilled into a single statistic, then arguably it was delivered to an emergency summit on the future of the Antarctic last month.
Nerilie Abram at the Australian National University, Canberra, opened her presentation with a slide headlined “Antarctic sea ice has declined precipitously since 2014, and in July 2023 exceeded a minus 7 sigma event”.
Antarctica is in crisis and we are scrambling to understand its future.
The last two years have seen unprecedented falls in the levels of sea ice
around Antarctica, which serves as a protective wall for the continent’s
huge ice sheets. Researchers are now racing to understand the global impact
of what could happen next.
If all our fear and uncertainty over climate
change could be distilled into a single statistic, then arguably it was
delivered to an emergency summit on the future of the Antarctic last month.
Nerilie Abram at the Australian National University, Canberra, opened her
presentation with a slide headlined “Antarctic sea ice has declined
precipitously since 2014, and in July 2023 exceeded a minus 7 sigma
event”.
According to the US National Snow and Ice Data Centre, the 7
sigma event was the lowest maximum since records began in 1979. This year
was the second lowest, with Antarctic sea ice “stalling out” at a
maximum extent of 17.16 million square kilometres, or just 200,000 square
kilometres more than last year. Remarkably, that is 1.55 million square
kilometres below the expected average extent.
In other words, in the past
two years an area of ice nearly 6.5 times the size of the UK has
disappeared. Another way to imagine it is that the ring of sea ice that
forms every winter around the entire Antarctic continent has contracted by
an average of 120 kilometres, says Abram.
New Scientist 2nd Dec 2024
https://www.newscientist.com/article/2458211-antarctica-is-in-crisis-and-we-are-scrambling-to-understand-its-future/
Peter Dutton’s bid to politicise top science agency is ‘absurd’, former CSIRO energy director says.
Glenn Platt says opposition leader’s ‘lazy’ response to report undermines science.
Graham Readfearn, Guardian, 11 Dec 24
A former CSIRO energy director has said Peter Dutton’s attempt to politicise the national science agency’s work on the likely costs of nuclear reactors is “incredibly disappointing” and “absurd”.
The opposition leader attacked the CSIRO after its latest GenCost report reaffirmed that electricity from nuclear energy in Australia would be at least 50% more expensive than power from solar and wind, backed up with storage.
Dutton claimed: “It just looks to me like there’s a heavy hand of Chris Bowen in all of this.”
Prof Glenn Platt, of the University of Sydney and an energy industry entrepreneur, was research director on energy at CSIRO before leaving the national science agency in 2021.
He said instead of debating the substance of the CSIRO’s report, Dutton’s response was “lazy” and undermined the scientific process.
“It’s incredibly disappointing. It’s lazy just to say that you must have been politicised because the answer isn’t what you like,” said Platt, a fellow of the Australian Academy of Technological Sciences & Engineering.
The Coalition is expected to reveal details this week on the costs of building taxpayer-funded nuclear reactors at seven sites of coal-fired power stations around the country.
CSIRO’s annual GenCost report details the likely costs of different electricity generation technologies in Australia.
Bowen, the energy minister, said GenCost was “an independent report with no role by any member of parliament or minister”, and said Dutton should apologise to the agency.
Dutton has previously claimed the agency’s GenCost report had been “discredited”, prompting the agency’s chief executive, Doug Hilton, to hit back, saying the criticism was unfounded.
The latest report said evidence from other western democracies suggested it would take at least 15 years to plan, develop and build a nuclear reactor in Australia. A future Coalition government would have to repeal federal laws banning nuclear energy and negotiate on several state bans…………………………..more https://www.theguardian.com/australia-news/2024/dec/11/peter-duttons-bid-to-politicise-top-science-agency-is-absurd-former-csiro-energy-director-says
How anger at Australia’s rollout of renewables is being hijacked by a new pro-nuclear network
Facebook groups opposing renewables projects are now increasingly full of pro-nuclear content, and groups such as Nuclear for Australia have set up dedicated social media accounts targeting specific sections of the community – such as an Instagram account titled “Mums for Nuclear” – as they gear up for the election campaign.
Facebook groups opposing renewables projects are now increasingly full of pro-nuclear content, and groups such as Nuclear for Australia have set up dedicated social media accounts targeting specific sections of the community – such as an Instagram account titled “Mums for Nuclear” – as they gear up for the election campaign.
An alliance of political groups is harnessing real fears about the local impact of wind and solar farms – and using them to spruik nuclear power.
By Ariel Bogle and Graham Readfearn
The entrance is marked by an AI-generated image of a dead whale, floating among wind turbines. On the first floor of the East Maitland bowling club, dire warnings are being shared about how offshore wind may impact the Hunter region – alongside a feeling of not being consulted, of being steamrolled.
“Environment and energy forums” like this one in late November have been held up and down the east of Australia, aiming to build a resistance to the country’s renewable energy transition.
Today’s event is being cohosted by No Offshore Turbines Port Stephens (NOTPS) and the National Rational Energy Network (NREN), a group with informal National party links that was behind February’s Reckless Renewables rally in Canberra. The advocacy group Nuclear for Australia is also here.
“We’re not a political group,” the NOTPS secretary and a Port Stephens resident, Leonie Hamilton, tells Guardian Australia.
“We’re not there to push [politicians] into parliament, but we are going to listen to what they have to say.”
Hamilton says she’s undecided on the issue of nuclear power.
The coastline of the Hunter was declared a potential area for offshore wind in mid-2023 after “extensive community consultation”, according to the federal government. But some, such as NOTPS’ Ben Abbott, are still angry about a perceived lack of detail about the project.
Today’s forum is about raising awareness across the Hunter, Hamilton says. “We think it’s important it happens before the election, so that people understand what the costs are.
“[The coast] belongs to everyone and they should have the opportunity to understand what’s going on.”
There are local groups like NOTPS around Australia that want their broad concerns about the rollout of renewable energy to be heard but say they do not want to be used for a political agenda and do not advocate for particular energy sources.
But working alongside those groups is an increasingly coordinated alliance of conservative thinktanks, political lobby groups and politicians who are flatly opposed to the clean energy transition.
Fears about the environmental and social impact of renewables projects are finding purchase in an information gap critics say has been ceded by the government, the industry and environmental groups – and there are plenty of interested parties willing to step in.
An earlier NREN event in Sydney was sponsored by the Institute of Public Affairs.
Sandra Bourke, a cohost of the Maitland event, is an NREN member but also a spokesperson for the conservative lobby group Advance – which was a key player in the defeat of the Indigenous voice to parliament and is now fundraising on a “lies of renewables” campaign.
A Facebook account under Bourke’s name is present in almost 20 community Facebook groups and pages opposing renewable projects, from Kilkivan, Queensland, to Bunbury, Western Australia, regularly sharing Advance clips and links to Sky News.
The upcoming election is a “crossroads”, she tells the crowd, while declining an interview with Guardian Australia. There’s an Advance sign-up form on every seat.
Up the back of the room are “Where’s Meryl?” posters, referring to the Labor incumbent MP Meryl Swanson, who holds the local electorate of Paterson.
The Liberal candidate Laurence Antcliff is here, along with three men in T-shirts bearing his name. He tells the room he is opposed to the offshore wind project in Port Stephens and will “fight every single day” to ensure it does not go ahead.
Swanson, who has said “many, many meetings” were held with local groups about the proposal, was not invited.
The nuclear energy wedge
In June the Coalition announced it would lift the bans on nuclear energy if it won next year’s election, then build nine publicly owned reactors at sites around the country.
The announcement gave extra fodder to advocacy groups and conservative thinktanks that have long opposed the shift to renewables.
Last week the opposition leader, Peter Dutton, appeared in Port Stephens alongside Antcliff. “It’s in this community’s best interest that [the windfarm] project does not proceed,” he said, as he spruiked the alternative of nuclear power.
Facebook groups opposing renewables projects are now increasingly full of pro-nuclear content, and groups such as Nuclear for Australia have set up dedicated social media accounts targeting specific sections of the community – such as an Instagram account titled “Mums for Nuclear” – as they gear up for the election campaign.
A new report looking at the pro-nuclear information ecosystem, funded by the progressive campaign group GetUp, found a “likely-coordinated and sophisticated ecosystem” of thinktanks, not-for-profits and political operatives engaged in pro-nuclear messaging.
For these interests, the focus on nuclear energy is a chance to “present a solutions-based response to climate change, and divert attention from their pro-coal and gas positions”, the report concluded.
“Nuclear energy provides a wedge for the environmental movement, climate independents, the Labor party and Greens, because it stokes division and can bog them down in technical explanations of why nuclear is neither desirable nor viable in Australia.”
Ed Coper, who is the chief executive of the communications agency Populares and has worked on teal campaigns, says the volume of noisy opposition to renewables is disproportionate to community attitudes. Nevertheless, he predicts nuclear will be an effective election campaign wedge.
For parties opposed to the clean energy transition, this is an opportunity to “peel off” environmental support from renewables support. The message to this cohort is broadly that “renewable energy generation is ruining pristine farming land and is not a good use of land and destroys the habitats of protected species and pristine views”, he says.
“That gives [the Coalition] a whole new constituency. If Labor goes into the election assuming everyone is against nuclear energy, they’ll be in for a shock.
“Energy transition requires an enormous amount of social licence.”
Solar plans discovered by chance
About 200km north-east of Melbourne, John Conroy and his family have been producing beef in Bobinawarrah since the 1960s. In a neighbouring paddock are plans for the large Meadow Creek solar farm and battery – plans he discovered by chance in September 2022 after a visit from the electricity distribution company AusNet.
“We alerted the community,” he says. “The project had been in the process for 12 months before we even knew about it
He says the main concerns of the community surround fire risk – both from the project but also the liability of landholders if fires on their properties spread to the solar farm.
In April the Victorian government removed the rights of landholders to appeal against planning decisions made on renewables projects.
“That is a real slap in the face,” Conroy says. “We’re a community of working-class people, producing food, doing our best to keep footy clubs going, and then the government takes away your rights to have a say.”
The independent federal MP for Indi, Helen Haines, says questions about insurance liability “should have been answered long ago”.
“We should be having these conversations long before a project is up for a planning permit.”
Families like the Conroys in her electorate are spending hundreds of hours getting across technical details of projects and government rules. “It shouldn’t be that way,” she says.
Haines says communities are operating in a “vacuum” and she wants to see information hubs in regional centres where people can go for trusted information and support.
The MP, with Senator David Pocock, last year successfully pushed for a government review into the way communities were being asked to host major renewables projects.
More than 700 people attended 75 meetings, with the review making nine recommendations the government said it would implement in collaboration with the states.
Governments needed to allow only reputable developers to build projects, the review said, and zones should be identified to avoid projects targeting inappropriate land areas.
“There is pushback – this is real and the concerns that communities have are existential,” Haines says. “We have to stop trying to generate social licence after a decision has been made.”
Instead, she says, the transformation should be about regional development and making sure communities have genuine long-term benefits from any projects.
“I want to look back and see better roads, better healthcare and internet, better childcare services, and see that the renewable energy transformation helped us get there. But communities are just not seeing that.”
Locals want ‘some control and influence’
“The fundamental issue here is there’s an assumption that there is no time to properly talk to people and give them not just a tokenistic say, but give them some control and influence in managing their local environment,” says Georgina Woods, who has 25 years of climate change activism and advocacy behind her.
Woods is head of research and investigations at the campaign group Lock the Gate, an organisation that emerged from the unrest among farmers and landholders at the coal seam gas boom in Queensland in the 2000s.
Governments have failed to clearly articulate why the transformation is needed and the urgency of climate action, she says. “We are getting further away from a broad consensus on why these projects are being done in the first place.”
“Until we put people and landscapes and nature at the centre, we’re at risk of repeating the same mistakes with renewable energy that we made with mining.”
West of the Blue Mountains in New South Wales are the gently rolling hills of Oberon. Outside town are plans for a 250-turbine windfarm on pine plantations owned by the state government.
Chris Muldoon, a committee member of Oberon Against Wind Towers, says that would mean local landholders would miss out on any financial benefits of hosting turbines while the town would have to live with the sight of turbines almost 300 metres tall in an area known for its postcard aesthetic.
“They’re chasing the wind and the towers, but there’s no consideration of the economic or social impact,” says Muldoon, who manages Mayfield Garden in Oberon, a tourist attraction owned by the wealthy Sydney-based businessman Garrick Hawkins.
Hawkins has contributed to the campaign to block the windfarm, says Muldoon, as have many locals.
In September the group put up nine candidates for the Oberon council elections, with two elected. Their pitch was uncompromising. “Oberon First are the only candidates who have committed to slamming the door in the face of greedy, arrogant wind tower developers,” the group said.
Oberon has a lot of hobby farmers and second homes for people in Sydney, says Muldoon, which means they have “city skills” that have mobilised against the development, something other communities do not have.
The group is not against windfarms or renewable energy, insists Muldoon, but “you just need to make less invasive decisions about the rollout”.
He points to people living in renewable energy zones, where surveys have shown broad support among farmers for renewables projects.
Outside those areas, he says, projects often come as a surprise to communities that are ill-prepared to navigate the technicalities of dealing with planning regulations, or wading through environmental impact statements “that can be 1,000 pages long”.
“Outside the renewable energy zones, the framework isn’t working,” he says. “It’s the wild west.”
Oberon is in the federal electorate of Calare, where the independent Kate Hook is trying to unseat Andrew Gee, who quit the Nationals to sit on the crossbench in 2022 over the party’s opposition to an Indigenous voice to parliament.
Hook left her job in September working for a not-for-profit to help communities negotiate with governments and renewable energy companies to get the most benefit from projects.
She says the “missing piece” causing communities to push back is a lack of understanding of why the transition away from fossil fuels is needed and how it could benefit them.
“People shouldn’t have to rely on Google, but this is why people are anxious,” she says. “There’s a tsunami of misinformation.”
“People might not like the look of windfarms, but do they want farmers to be able to stay on their land? Because these projects can help them do that.
“What we need is discussion, not division.”
A spokesperson for the climate change and energy minister, Chris Bowen, said the government was “working with local communities to secure regional jobs and provide energy security”.
“Unfortunately, the former Coalition government spent 10 years failing to make the necessary reforms to improve community engagement in a rapidly changing energy market,” she said.
The government was implementing the community engagement review “to enhance community support and ensure that electricity transmission and renewable energy developments deliver for communities, landholders and traditional owners”.
Will Donald Trump kill US-UK-Aussie sub defense deal?
The landmark defense agreement between the U.S, U.K. and Australia could be in jeopardy with the maverick Republican back in the White House.
Politico, December 9, 2024, By Stefan Boscia and Caroline Hug
LONDON — There are few issues on which we do not know Donald Trump’s opinion.
After thousands of hours of interviews and speeches over the past eight years, the president-elect has enlightened us on what he thinks on almost any topic which enters his brain at any given moment.
But in the key area of defense, there are some gaps — and that’s leading global military chiefs to pore over the statements of the president’s allies and appointees to attempt to glean some clues, specifically over the $369 billion trilateral submarine program known as AUKUS he will inherit from Joe Biden.
Trump does not appear to have publicly commented on the AUKUS pact — named for its contingent parts Australia, the United Kingdom and the United States — which would see the U.S. share technology with its partners to allow both countries to build state-of-the-art nuclear submarines by the 2040s.
This uncertainty has left ministers and government officials in London and Canberra scrambling to discover how the Republican is likely to view the Biden-era deal when he returns to the White House in January.
Two defense industry figures told POLITICO there were serious concerns in the British government that Trump might seek to renegotiate the deal or alter the timelines.
This is because the pact likely requires the U.S. to temporarily downsize its own naval fleet as a part of the agreement — something Trump may interpret as an affront to his “America First” ideology.
Looking east
There is hope in Westminster that Trump would be in favor of a military project which is an obvious, if unspoken, challenge to China.
The deal would see American-designed nuclear submarines right on China’s doorstep and would form a part of Australia’s attempts to bolster its military might in the Indo-Pacific.
When former U.K. Prime Minister Boris Johnson said in September 2021 that the deal was not “intended to be adversarial toward China,” President Xi Jinping simply did not believe him.
The Chinese leader said AUKUS would “undermine peace” and accused the Western nations of stoking a Cold War mentality.
Mary Kissel, a former senior adviser to Trump’s ex-Secretary of State Mike Pompeo, said “you can assume Trump two will look a lot like Trump one” when it comes to building alliances with other Western countries against China.
“We revivified the Quad [Australia, India, Japan and the U.S.], got our allies to bolster NATO funding and worked to prevent China from dominating international institutions,” she said.
However, the deal also forces the U.S. government to sell Australia three to five active Virginia attack submarines, the best in the U.S. Navy’s fleet, by the early 2030s as a stopgap until the new AUKUS subs are built.
Is America first?
This coincides with a time where there is a widely recognized crunch on America’s industrial defense capacity.
In layman’s terms, the U.S. is currently struggling to build enough submarines or military equipment for its own needs.
One U.K. defense industry figure, granted anonymity to speak freely, said there was “a lot of queasiness” in the U.K. government and a “huge amount of queasiness in Australia” about whether Trump would allow this to happen.
“There is a world in which the Americans can’t scale up their domestic submarine capacity for their own needs and don’t have spare to meet Australia’s needs,” they said.
“If you started pulling on one thread of the deal, then the rest could easily fall away.”
One U.K. government official played down how much London and Canberra are worried about the future of the deal, however.
They said the U.K. government was confident Trump is positive about the deal and that the U.S. was “well equipped with the number of submarines for their fleet.”………………………………………………………………………………………………………………………………..
‘Everyone’s a winner
This attempted U.K.-China reset will likely be high on the list of talking points when Healey meets with his Australian counterpart Richard Marles next month in London for an “AUKMIN” summit.
The Australian Labor government, after all, has conducted a similar reset with the Chinese government since coming to power in 2022 after relations hit a nadir during COVID.
Also at the top of the agenda will be how to sell the incoming president on the AUKUS deal in a positive way.
A second defense industry insider said the British and Australian governments should try to badge the deal in terms that make it look like Trump has personally won from the deal.
“Everybody is worried about America’s lack of industrial capacity and how it affects AUKUS,” they said.
“He is also instinctively against the idea of America being the world’s police and so he may not see the value in AUKUS at all, but they need to let him own it and make him think he’s won by doing it.”………………………………………………………………………..
Pillar II
While the core nuclear submarine deal will get most of the headlines in the coming months, progress on the lesser-known Pillar II of AUKUS also remains somewhat elusive.
Launched alongside the submarine pact, Pillar II was designed to codevelop a range of military technologies, such as quantum-enabled navigation, artificial intelligence-enhanced artillery, and electronic warfare capabilities.
One Pillar II technology-sharing deal was struck on hypersonic missiles just last month, but expected progress on a range of other areas has not transpired.
Ambitions to admit Japan to the Pillar II partnership this year have also gone unfulfilled……………………………………………………………
https://www.politico.eu/article/donald-trump-aukus-kill-us-uk-aussie-sub-defense-deal/
The Coalition told the CSIRO to redo its nuclear report. It’s bad news for Dutton
Mike Foley, December 9, 2024 , https://www.smh.com.au/politics/federal/the-coalition-told-the-csiro-to-re-do-its-nuclear-report-it-s-bad-news-for-dutton-20241205-p5kw6t.html
Nuclear power is still about 50 per cent more expensive than renewables, the CSIRO has found, even after the science organisation changed its modelling to accommodate criticism from the Peter Dutton-led Coalition that it had unfairly favoured wind and solar energy sources.
The report found the lowest cost projections for nuclear power would only match the highest projections for renewable energy, a major challenge to Dutton’s claim that nuclear is needed to cut electricity bills.
Dutton is preparing to release the long-anticipated costings of his party’s nuclear policy this week.
Dutton has fiercely criticised the government’s plan to boost the share of renewables to 82 per cent of the grid by 2030, claiming it is making electricity supply less reliable and more expensive.
He has instead pledged to create a “coal-to-nuclear transition” if elected, overturning state and federal bans on nuclear energy and building seven plants across the country.
“When you look at 19 of the top 20 economies in the world, they all have nuclear, or they’ve signed up to the latest generation nuclear technology. Australia is the only outlier,” Dutton told reporters in Tasmania on Sunday.
Highlighting the significance of the CSIRO’s findings, opposition energy spokesperson Ted O’Brien met with the science agency after its previous GenCost report in May found renewables were the cheapest form of energy and asked it to redo the modelling with key assumptions changed.
O’Brien declared that CSIRO should acknowledge a nuclear plant would be in near-constant use – generating power 93 per cent of the time – while also extending the assumed lifespan from 30 years to 80 years.
Proponents consider these factors crucial to reflect the real-world benefits of nuclear power plants and have argued that renewables get an unfair advantage when they are not adequately reflected in modelling.
CSIRO accommodated these requests and still found the cost of nuclear energy was significantly higher than “variable renewables”, namely wind and solar power backed up with batteries and a major transmission-line rollout.
“The cost range for variable renewables with integration costs is the lowest of all new-build technology capable of supplying reliable electricity in 2024 and 2030,” GenCost said.
The ratio of how long an energy generator is operational compared with sitting idle, known as the capacity factor, is key to the cost of its energy.
O’Brien claimed in May that CSIRO modelling should use the United States’ average capacity factor for a nuclear plant of 93 per cent.
In responding to O’Brien, CSIRO said it was appropriate to use a range of capacity factors, given the 15 coal plants in eastern Australia ran on average 60 per cent of the time and a nuclear plant would slot into the grid as a replacement for coal.
CSIRO’s modelling showed that, adjusted for Australian conditions, a traditional large-scale nuclear plant that was operational 90 per cent of the time would generate electricity at $155 a megawatt hour. With a utilisation rate of 53 per cent, it would cost $252 a megawatt hour.
In contrast, wind farms would generate power at $56 to $96 a megawatt hour, using a conservative range of capacity factors based on how often they were expected to run. Under a similar calculation, solar farms would generate power for between $35 and $62 a megawatt hour.
O’Brien’s second contention, that CSIRO should factor in an 80-year life span for a nuclear plant, rather than the 30-year life it assumed, made the economics more favourable because there was more time to repay loans.
CSIRO ran the numbers for a plant over 60 years. It found this would deliver a discount of 11 per cent on the original cost. However, most of this saving would be gobbled up by refurbishment costs, typically about $3 billion, needed when a plant was 40 years old.
The figures would be similar for a 100-year-old plant because it would need several refurbishments.
“Long-term operation of nuclear is not costless,” GenCost said. “Extension costs are incurred and are significant.”
CSIRO found a grid with 90 per cent renewables would produce electricity for between $106 and $150 a megawatt hour, including $40 billion in expenditure on the rollout, with new transmission lines as well as batteries and gas plants to back up wind and solar farms.
While GenCost provided a range of projections, the above costs were calculated in today’s dollars and assumed the current price of construction.
GenCost uses a levelised cost of energy calculation to price energy from various technologies. This represents the price needed for an electricity generation plant to earn back the cost of its construction and running costs over its lifespan.
CSIRO will update its GenCost report based on further feedback from stakeholders.
CSIRO patiently and methodically slaps down Peter Dutton’s nuclear nonsense.
nuclear power does not ‘back up” wind and solar as Dutton and O’Brien often claim, it must displace it. And in Australia, that’s likely to mean household solar first and foremost.
Giles Parkinson, Dec 9, 2024
Australia’s premier scientific organisation, the CSIRO, has patiently and methodically slapped down the major nuclear talking points promoted by Coalition leader Peter Dutton in its latest GenCost report, which confirms – yet again – that integrated wind and solar are easily the cheapest option.
The CSIRO first published the GenCost report in 2018, under the then Coalition government, and its conclusions have been consistent – integrated wind and solar are by far the best and lowest cost options. The new draft of the 24/25 version, which notes ongoing cost reductions in solar PV and battery storage, confirm this.
In short, it finds that firmed renewables, including transmission and storage costs, will cost between $80 a megawatt hour and $122/MWh in 2030, should they account for 80 per cent of variable generation, which is the federal government target.
That compares to between $145 and $238/MWh for large scale nuclear, and up to an eye-watering $487/MWh for so-called small modular nuclear reactors, which are part of the Coalition’s energy proposals, but which don’t exist in commercial form. The CSIRO says neither could be deployed before 2040.
See more details here: GenCost: Falling costs of solar and batteries confirm integrated renewables are cheapest option
The CSIRO, however, has also faced extraordinary and relentless attacks from the Coalition over its analysis, amplified by right wing so-called “think tanks” and the Murdoch media, and given a largely uncritical run in much of mainstream media.
Dutton’s and the nuclear lobby’s main beef with the CSIRO calculations is that it makes nuclear power look very expensive. Which it clearly is.
They argue the CSIRO report gives their favoured technology no credit for being long life (they say 60- 100 years), for having high capacity factors, and they insist that the CSIRO has got it wrong on its estimated build times.
The CSIRO has addressed each of these claims in its draft 2025 GenCost report. In fact, it is remarkable just how much of the report is devoted to a technology that it notes could not possibly be delivered in Australia before 2040 – and it forensically debunks the lot of them.
Benefits of longer life
Let’s go to the life time issue first, because it has been a particular focus of Dutton and his energy spokesman Ted O’Brien as they promote their nuclear campaign around the country.
They say that because nuclear power plants can last 60 or even 100 years, their huge up front capital costs should be smeared across the period, rather than the 30 years calculated by the CSIRO.
That sounds plausible, but the CSIRO makes a number of important points. Firstly, the 30-year calculation is standard practice for the energy industry because no financial institution will lend for longer.
And if loans were to be spread over a 60 year or 100 year period, the interest payments would be crippling. It means that the benefits of such calculations would be just 11 to 15 per cent – and not be experienced by Australian consumers until at least 45 years – or around 2070.
“It’s not a magical halving of costs or anything like that. The savings are relatively modest,” CSIRO chief energy economist Paul Graham says in the latest episode of Renew Economy’s weekly Energy Insiders podcast (to be published on Monday).
But there is another problem. The CSIRO also points out that if nuclear power plants are to last that long then they need regular refurbishment. Based on overseas experience, it puts the capital cost of those refurbishments at nearly one third of the original capital cost of the plants.
And it also puts a large hole in another linked Coalition argument, which is that wind and solar power must cost more because their facilities have to be replaced after 25 or 30 years.
The CSIRO says yes, they do need to be replaced. But when they are rebuilt, they will be rebuilt at considerably lower cost, and that’s not even taking into account the fact that wind and solar will be built where current facilities already exist, with connection points, land deals and other important infrastructure already in place.
“What we concluded from that was, actually it’s hard to identify any real unique benefit that nuclear delivers from having a long life,” Graham tells Energy Insiders.
“You can get the same benefit from shorter lived technologies, even when you have to build them twice, because both things essentially involve a reinvestment step. And when you look at the savings, they’re pretty similar.”
Indeed, the CSIRO puts the cost of rebuilt wind and solar at a considerable discount to refurbished nuclear – The experience in Ontario, the Australian nuclear lobby’s poster market, confirms this. (See table above -on original).
Each of Ontario’s main reactors will be off line for around three years – the cost is huge – and some of the world’s biggest batteries are being built to help fill in the gap, which torpedoes another nuclear lobbyist fantasy that somewhere these power plants do not need back up.
“It’s not a magical halving of costs or anything like that. The savings are relatively modest.
Capacity factors
The second issue is also critical. The nuclear lobby and the Coalition have told the CSIRO that it must calculate nuclear costs based on a 93 per cent capacity factor, and only at that rate.
This is important to them because – at such a high capacity factor – the nuclear plants are rarely switched off or even dialled down, and that gives the technology the best chance to recoup its high costs more quickly.
The CSIRO says that while such high capacity factors exist in the US, it is not the reality in the rest of the world, and is unlikely to be the case in Australia, particularly with the growth of rooftop solar and large scale renewables.
It says the global average capacity factor for nuclear plants is 80 per cent, and 10 per cent of nuclear power plant have capacity factors of less than 60 per cent. “On international data alone, the proposition of only considering 93% is not supported by the evidence,” Graham says.
And in Australia the experience of baseload power plants – in this case coal – is that they run at a capacity factor of around 59 per cent.
“In Australia we have more than 100 years of experience with operating baseload generation, not nuclear but coal,” Graham says,
“The average for black coal in the past decade is 59%. On this basis we cannot support the proposal that 93% adequately captures market conditions in Australia.”
It is interesting to note here that nuclear power does not ‘back up” wind and solar as Dutton and O’Brien often claim, it must displace it. And in Australia, that’s likely to mean household solar first and foremost.
Development lead times
The third argument that CSIRO addresses is that of the time it takes to build a nuclear power plant. This is important because the Coalition insists it can deliver its first nuclear power plant by 2035, although no one outside the Coalition and the nuclear lobbyists actually believe that.
“Many stakeholders have agreed with the GenCost estimate of at least 15 years lead time for nuclear generation,” the CSIRO report says. “Nuclear has no projects in the Australian development pipeline, has additional safety and security steps and needs new legislation and regulations.”
Where the nuclear lobby points to projects with faster lead times, CSIRO has looked at that too, and makes the interesting and relevant observation that these occur in countries where the democracy score is low, and where labour costs and protections are also low.
When it comes to small modular reactors, the Coalition argument makes no sense. They don’t actually exist in commercial form and it is unlikely any will be built before the end of the decade.
Dutton and O’Brien says they will only build an “nth of a kind”, meaning they will wait for the tech ology to be established and lower costs,.
But that is not going to happen in the timeframe that would allow the first power to be delivered by 2035.
The CSIRO, kindly, assesses its nuclear costs on an “nth of a kind” basis.
“We have been seeing all these big cost blowouts overseas, in countries like the UK and the US, and mostly it’s because these countries have come back (to building nuclear after a gap of several decades) and they’d lost all their knowledge about how to build nuclear,” Graham says.
So – after all that – and working through all the Coalition and nuclear lobby talking points – where does that put nuclear in comparison to other technologies?
“So large scale renewal, large scale nuclear, is sitting at a position one and a half to two and a half times the cost of firmed renewables,” Graham says on Energy Insiders.
“And if we look at small modular reactors …. that’s between about four to six times higher. And that’s because that’s really a pre commercial technology.
“We don’t really have any any sort of commercial deployment of that technology globally. So it’s still carrying some very high costs at the moment, which will come down once it’s once they successfully build a few more of them. But at the moment, it’s a very high cost.”
The report released on Monday is just a draft, and will go out to consultation until February, before a final report is prepared. In the meantime, the Coalition will release its own costings, and the CSIRO can expect some more blowback from the lobbyists.
“You do have to have a bit of a thick skin,” Graham tells Energy Insiders.
“But that’s the way we sort of improve things. And what’s been, I guess, unique about the last two years of GenCost is that the discussion that’s been had around it isn’t just a sort of energy insiders conversation, to forgive the pun, but it’s, it’s blown out into a sort of a, yeah, it’s much more of a public conversation.
“It’s not always at the level of sort of the sort of scientific and engineering discussion that we tend to have inside the industry, but that’s fine.
“We’ve adapted, and we’ve it’s given us a big opportunity to sort of deep dive into some of these topics, like nuclear that people want to hear about. So we’re sort of glad to do it. And we think we’ve, we hope people think that we’ve done a reasonable job of presenting fair and balanced information.”
1 This month.
PETITION – To: Prime Minister Anthony Albanese and the Australian Labor Government
Chernobyl: The Lost Tapes – A good documentary on Chernobyl on SBS available On Demand for the next 3 weeks– https://www.sbs.com.au/ondemand/tv-program/chernobyl-the-lost-tapes/235274195556
19 May – Webinar- Webinar: No Nuclear Weapons in Australia
Start: 2026-05-19 18:00:00 UTC Canberra, Melbourne, Sydney (GMT+10:00)
End: 2026-05-19 19:30:00 UTC Canberra, Melbourne, Sydney (GMT+10:00)
20 May – Webinar – The dangerous world of AUKUS, US, military occupation and suppression of dissent
National Webinar, 20th May, 2026, 6.30pm AEST. Confronting laws restricting/suppressing protest speech and action
Speakers: Former Sen. Rex Patrick, Lawyer Nick Hanna ,Arthur Rorris ,Jorgen Doyle, Sen David Shoebbridge,
Facilitator Kelley Tranter.
of the week – Australians for War Powers Reform (AWPR)
To see nuclear-related stories in greater depth and intensity
Antinuclear 